If a person invest $2000 dollars at 12% interest how long will it take to double? Can you please show work/ explanation Thanks!

Mathematics

1 answer:

Sladkaya [172]2 years ago

3 0

Answer:

6 years

Step-by-step explanation:

use the rule of 72

Y = 72 / r and r = 72 / Y

y equals years, and r equals rate

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To find:

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